Friday, March 31, 2023

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Ethiopia’s Fiscal Federalism: a binding or dividing force?

Unfair allocation of resources between the central and regional governments remains a bone of contention, ever since the current constitution was put in place...

Vaccination in IGAD region fall short of WHO target

The percentage of adult population vaccinated in the Intergovernmental Authority on Development (IGAD) Member States has failed short of the World Health Organization’s (WHO)...

Al-Shabab’s ‘mutation’ poses renewed threat to Ethiopia, Kenya

Alshabab is waging a religious war against Ethiopia and Kenya, amid increased threats on the two countries borders. Following the power vacuum in Somalia, the...
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Concerns deepen over abductions in Oromia

Amhara region is also facing similar challenge Concerns deepen over the rising trend of abduction in Oromia, a situation that has compromised the safety of...

Conflict in Ethiopia balloons Djibouti’s budget deficit

The prolonged conflict in Ethiopia is estimated to create a budget gap of USD 70.7 million to USD 91 million on Djibouti’s economy in...

The fuel domino effect

It has been quite a week across the length and breadth of the country where gas stations saw long queues. Industries, generators, all forms...
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Central Bank begins drafting new directive for specialized banks

Officials at the National Bank of Ethiopia (NBE) are drafting a new directive to set new requirements needed to establish a mortgage bank in...

Corporation seeks 1.3 bln birr loan disbursement for two irrigation projects

The Ethiopian Construction Works Corporation is in discussions with the Commercial Bank of Ethiopia (CBE) through the Ministry of Finance to secure 1.3 billion...

New directive to decide factory gate prices for Edible Oil manufacturers

A new directive that will introduce a price ceiling for edible oil is in the making by the Ministry of Trade and Regional Integration. It...
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Private creditor to provide one billion birr to homebuyers

Plans to charge an interest rate below 15 percent Ethiopia’s first self-proclaimed private mortgage bank, Goh Betoch Bank, announced its plans to disburse one billion...
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